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How Social Media is Changing the World

How Social Media Is Changing The World

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My first presentation on Social Media to students at the University of Westminster in London

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Page 1: How Social Media Is Changing The World

How Social Mediais Changing the World

Page 2: How Social Media Is Changing The World

What is Social Media?

• What is the key defining factor?

• What is web 2.0?

Page 3: How Social Media Is Changing The World

Blog vs.Website

• What is the difference between a blog and a website?

Page 4: How Social Media Is Changing The World

Traditional Websites• Generally static content• One way stream of communication• Technically it uses HTML, DHTML,

Flash• More flexible but harder to

manager

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Blog• Blogs were the original social media

platform• User generated content• Quick and easy to update• No/little technical knowledge needed• Technically, uses XML/RSS• Two way communication

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Fundamental Changes

62% of content consumed by people born after 1980 is

created by someone they know

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User Generated Content

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Traditional Content Model

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New Content Model

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New Content Model

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U.G. Content - Summary• Shift in content• Content is influence and content

attracts advertisers• User generated content is the new

dominant form of content

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Customer to Audience to Community

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Customer to Audience• Internet users are savvy, spoilt for

choice and don’t want to be bothered by brands/ads

• If you want to engage with them, you have to entertain them.

• Lies & patronisation (PR speak) does not work with them because of ease access to information

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Will it Blend?

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Customer to Community

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Customer to Community

Active communities are a set of individuals joined by a common interest, with a meeting point to discuss these common interests

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Customer to Community• Social media creates ‘meeting points’

for users across the globe• People are talking about brands

whether the brands get involved or not• The ability to join groups of shared

interest creates ultra-niching• Creating need for Community Managers

and builders

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Ultra Niching

“Your audience is more fragmented than ever before making them harder to find but easier to define”.

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Ultra Niching

• Much smaller groups but many more to target (demographics no good)

• Birth of true psychometric advertising• Broadcast marketing less effective• Forceful communications shunned

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“The Democratic Web”

“The reason the social web sits so well with people is that it is run democratically, a concept that all people are used to”.

Democracy Monument, Bangkok, Thailand

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Democratic Web

• Is the Internet is the best run democracy?• Voting/social filtering starting to play an

important role• Run by the people for people

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Social Filtering

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• Peer voting makes quality content more visible

• Tagging/interest preferences

• Technorati authority• Social bookmarking

– StumbleUpon– Digg– Reddit

Social Filtering

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How Big is Social Media?

• Over 70 million videos on Youtube• 133 million blogs• 346 million blog readers• 77% of active Internet users read blogs• 1.1 billion tweets on Twitter to date• 700 million photos added to Facebook daily• 150 million users on Facebook

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Real life examples

Zopa Ebbsfleet united

Compare the

Meerkat

Obama Campaign

www.usnowfilm.com/clips

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Zopa

• Social banking• Know where

your money comes from

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Ebbsfleet United

• Fan managed football club

• Great example of social voting working in real life

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Compare the Meerkat• Compare the Meerkat.

Aleksander has 1064 followers. Would they bother following comparethemarket? Another example of a boring brand using social media to turn customers into an audience.

• Watch vids, compare meerkats, interact with a brand without really feeling like you are being advertised to

• He’s even on TwitorFit! http://www.twitorfit.com/Aleksandr_Orlov

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Thank You

skype: [email protected]/jonin60seconds

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User power

• The influence of the consumer has multiplied through unified online voices.

• Consumer research at your fingertips, finding the truth to claims in minute.

• Your customer has become your community. Communities talk most when they are either very happy or very angry.